FAST Acquisition II (FAST Acquisition II) Price-to-Tangible-Book : 1.88 (As of Jun. 19, 2024)

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What is FAST Acquisition II Price-to-Tangible-Book?

As of today (2024-06-19), FAST Acquisition II's share price is $7.76. FAST Acquisition II's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $4.13. Hence, FAST Acquisition II's Price to Tangible Book Ratio of today is 1.88.

The historical rank and industry rank for FAST Acquisition II's Price-to-Tangible-Book or its related term are showing as below:

FZT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.28 Med: 1.32 Max: 2.52
Current: 1.88

During the past 2 years, FAST Acquisition II's highest Price to Tangible Book Ratio was 2.52. The lowest was 1.28. And the median was 1.32.

FZT's Price-to-Tangible-Book is not ranked
in the Diversified Financial Services industry.
Industry Median: 1.8 vs FZT: 1.88

A closely related ratio is called PB Ratio. As of today, FAST Acquisition II's share price is $7.76. FAST Acquisition II's Book Value per Sharefor the quarter that ended in Jun. 2023 was $4.13. Hence, FAST Acquisition II's P/B Ratio of today is 1.88.

FAST Acquisition II Price-to-Tangible-Book Historical Data

The historical data trend for FAST Acquisition II's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FAST Acquisition II Price-to-Tangible-Book Chart

FAST Acquisition II Annual Data

Trend

Dec21

Dec22

Price-to-Tangible-Book

1.31

1.34

FAST Acquisition II Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Price-to-Tangible-Book	Get a 7-Day Free Trial					1.28	1.32	1.34	2.36	2.52

Competitive Comparison of FAST Acquisition II's Price-to-Tangible-Book

For the Shell Companies subindustry, FAST Acquisition II's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

FAST Acquisition II's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, FAST Acquisition II's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where FAST Acquisition II's Price-to-Tangible-Book falls into.

FAST Acquisition II Price-to-Tangible-Book Calculation

FAST Acquisition II's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	7.76	/	4.134
	=	1.88

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

FAST Acquisition II Price-to-Tangible-Book Related Terms

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